Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Bossier City Council Greenlights $130 Million Five-Year Infrastructure Development Plan
The Bossier City Council approved a $130 million, five-year capital projects plan to guide construction-related improvements across various departments in Louisiana, with major investments targeting water system upgrades, sewer projects, transportation, and street...
Kansas City, MO Approves Funding for $300 Million Parade Park Homes Redevelopment
More affordable housing units are coming to Kansas City, Missouri, following the passage of an ordinance approving funding for the $300 million redevelopment of Parade Park Homes. The project, led by Flaherty & Collins Properties and Twelfth Street Heritage...
$300 Million Proposal Aims to Transform Five Abandoned State Properties Across Illinois
Governor JB Pritzker has unveiled a $300 million plan for the redevelopment of five unused state properties, including the long-abandoned Dwight Correctional Center, the Jacksonville Developmental Center, the Lincoln Developmental Center, the H. Douglas Singer Mental...
Houston, TX to Transform George R. Brown Convention Center with $2 Billion Redevelopment
Houston, Texas, is set to transform its downtown area with a $2 billion redevelopment of the George R. Brown Convention Center (GRB), aiming to solidify its status as a global hub for sports, entertainment, and tourism. Scheduled for completion by 2038, this...
Alpena, Michigan Greenlights Development and TIF Plan for $47 Million Senior Housing Project
A development plan and Tax Increment Financing (TIF) plan have recently been approved by the City of Alpena, Michigan, for a new $47 million senior housing project, which will be called The Gardens of Alpena Senior Living Community. The community will feature 128...
New $145M, 1,000 Bed Residence Hall at UT Austin
A new $145 million student housing project is coming to The University of Texas at Austin, with Balfour Beatty Campus Solutions chosen as the developer, Andres as the general contractor, and Clark Nexsen & Levy Dykema as the architects. Set to open in Fall 2027,...
NYU’s Lafayette Hall Secures $180M Loan from Apollo
Apollo Global Management has issued a $180 million loan to refinance NYU’s largest student housing property, Lafayette Hall, a 17-story dormitory with 262 units in Lower Manhattan. The financing was arranged by Newmark Group Inc.’s Jordan Roeschlaub and Nick Scribani...
$264 Million Redevelopment to Turn CUNY Dorm into Affordable Housing in East Harlem, NY
An increase in New York’s affordable housing inventory is coming with the announcement of a $264 million project at 1760 Third Avenue in East Harlem, transforming a former CUNY dormitory into 433 affordable units. Backed by state and city funding, the development will...
Indiana Awards $200 Million for Local Road and Bridge Projects
Improving public safety and the quality of life for Hoosiers, Governor Mike Braun and the Indiana Department of Transportation announced the distribution of over $200 million in Community Crossings matching grants to fund local road and bridge projects across 245...
New Mexico’s House Bill 145 Moves to Senate, Proposing $1.5 Billion Transportation Bond
New Mexico’s House Bill 145, which authorizes $1.5 billion in transportation bonds, has secured approval from the House and now heads to the Senate for review. The bill aims to address the state’s $5.6 billion road funding shortfall and leverage federal funds and...
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